IndigoLearn

Forums

Back

Redemption of preference shares

Accountancy

Sir in both the questions they didn't seperately specifies the share application amount but there is difference in the entries sir? Can I write the entry bank. a/c dr. 37500 To equity share capital a/c. 31250 To securites premium a/c 6250

Likhitha Sivani

CA Final

★ 14K+

03-Jul-21 08:14

423

Answers (4)

Yes .

M Naresh

CA Final

★ 3K+

03-Jul-21 14:43

M Naresh

Yes .

Ok thank u so much

Thread Starter

Likhitha Sivani

CA Final

★ 14K+

03-Jul-21 14:43

In this problem How they paid premium amt for redemption of Preference shares ?

M Naresh

CA Final

★ 3K+

03-Jul-21 14:45

M Naresh

In this problem How they paid premium amt for redemption of Preference shares ?

From p&L a/c

Thread Starter

Likhitha Sivani

CA Final

★ 14K+

03-Jul-21 14:46